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Question 8 The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to x = 0. Year 2003 2004 2005 2006 2007 2008 Profits (in millions of dollars) 51.7 53.2 Use the exponential regression model to predict the company's profits in 2010. a) $59.4 million b) $62.1 million c) $58.1 million d) $60.7 million e) $63.4 million f) None of the above 51.9 52.2 56.1 58.3 Review Later

Question 8 The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to x = 0. Year 2003 2004 2005 2006 2007 2008 Profits (in millions of dollars) 51.7 53.2 Use the exponential regression model to predict the company's profits in 2010. a) $59.4 million b) $62.1 million c) $58.1 million d) $60.7 million e) $63.4 million f) None of the above 51.9 52.2 56.1 58.3 Review Later

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 2TI: Sales of a video game released in the year 2000 took off at first, but then steadily slowed as time...
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Question 8 The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to x = 0. Year 2003 2004 2005 2006 2007 2008 Profits (in millions of dollars) 51.7 53.2 Use the exponential regression model to predict the company's profits in 2010. a) $59.4 million b) $62.1 million c) $58.1 million d) $60.7 million e) $63.4 million f) None of the above 51.9 52.2 56.1 58.3 Review Later
Transcribed Image Text:Question 8 The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to x = 0. Year 2003 2004 2005 2006 2007 2008 Profits (in millions of dollars) 51.7 53.2 Use the exponential regression model to predict the company's profits in 2010. a) $59.4 million b) $62.1 million c) $58.1 million d) $60.7 million e) $63.4 million f) None of the above 51.9 52.2 56.1 58.3 Review Later
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